FSA confirms societies merger

Nia Williams

March 22, 2010

Yorkshire Building Society has appointed former Chelsea Building Society director, Roger Burden as a non-executive director with effect from 1st April 2010, when the merger of the two societies takes effect.

Roger, 63, is a former chief executive and chairman of Cheltenham & Gloucester as well as a former chairman of the Council of Mortgage Lenders. He retired from Cheltenham & Gloucester in 2004. He joined Chelsea Building Society’s Board on 1st November 2009 as a non-executive Director, when merger discussions between the Yorkshire and Chelsea were well advanced. The Yorkshire Board notified its members that it would consider the appointment of a Chelsea director in the merger booklet issued in December 2009.

Ed Anderson, chairman of Yorkshire Building Society, said “I’m delighted to welcome Roger as a Non-executive Director at the Yorkshire. He has extensive experience in the mortgage industry and will be an asset to our Board. I very much look forward to working with him”.

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